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VCE Economics units 1 and 2

This class was created by Brainscape user Jamie Geneopoulos. Visit their profile to learn more about the creator.

By: Jamie Geneopoulos
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Decks in this class (7)

Area of study 1 (Thinking like an economist) Introductory concepts
Kk1 define the term economics,
Kk1dec,
Kk1 1 define production 2 define ...
51  cards
Area of study 1(Thinking like an economist) The economic agents
Chapter 21define an economic agent,
Chapter 21 define the private sector,
Chapter 21 define the public sector
24  cards
Area of study 2 (Decision making in markets)
3 1 what is a market define a market,
3 1 what is a market define the r...,
3 1 what is a market briefly outl...
21  cards
SAC 2 Preparation
Question 1 define negative gearing,
Question 1 explain a strength of ...,
Question 1 explain a weakness of ...
14  cards
Area of study 3 (Behavioral Economics)
5 1 define bounded rationality,
5 1 define bounded willpower,
5 1 define bounded self interest
13  cards
Unit 2: AOS1 Economic Activity
Kk3 outline the 4 key flows of th...,
Kk4 explain the meaning of the bu...,
Kk4 identify and explain phase 1 ...
22  cards
Economic issues
Issue 1 list some key measurement...,
Why is the issue important,
List two factors influencing inco...
7  cards

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VCE Economics units 1 and 2

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